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Futu Holdings Limited - FUTU STOCK NEWS

Welcome to our dedicated page for Futu Holdings news (Ticker: FUTU), a resource for investors and traders seeking the latest updates and insights on Futu Holdings stock.

Overview

Futu Holdings Limited (Nasdaq: FUTU) is an innovative financial technology company that has transformed the investing landscape through its fully digitalized brokerage and wealth management platforms. Leveraging cutting-edge technology, Futu offers a comprehensive suite of online investment services that cater to a wide spectrum of clients ranging from novice investors to seasoned professionals.

Core Services and Business Model

At its core, Futu operates as an online broker, providing users with seamless access to trading services across major global markets including Hong Kong, Mainland China, Singapore, and the United States. The company earns revenue primarily through brokerage commissions and handling charges associated with trade execution and margin financing. Additionally, Futu extends its service portfolio to include securities lending, trade clearing, and corporate services such as IPO distribution and investor relations.

Technology and Platform Innovation

The dual-platform approach, comprising Futubull and moomoo, underscores Futu’s commitment to technological advancement. These platforms offer an integrated ecosystem loaded with real-time market data, research, and powerful analytical tools. Designed for accessibility, they are optimized for mobile devices, tablets, and desktops. Investors benefit from advanced charting capabilities, technical analytics, and a wealth of financial information that empowers them to make informed decisions quickly and effectively.

Market Position and Competitive Landscape

Futu Holdings has positioned itself firmly in the rapidly evolving digital finance industry by continuously enhancing its user experience and embracing a client-centric approach. The company distinguishes itself from traditional brokers by embedding social media connectivity into its platforms. This unique integration creates a community-driven investing experience where users, investors, analysts, and key opinion leaders can network, share insights, and exchange ideas, further enriching the overall trading environment.

Client-Centric Network and Social Integration

An integral part of Futu’s value proposition is the incorporation of social media tools into its platforms. This strategic move not only augments the flow of real-time information and market news but also cultivates an engaged investor community. By facilitating interconnectedness among users, Futu enhances peer-to-peer communication and transparency in market analysis, allowing investors to benefit from communal wisdom without compromising on the sophistication of financial tools.

Comprehensive Investment Tools and Services

The platforms offer a rich array of features including:

  • Trade Execution and Margin Financing: Streamlined mechanisms for executing trades and extending credit lines to qualified investors.
  • Market Data and Analytics: Access to real-time data, research reports, and analytical tools that provide a data-rich foundation for investment strategies.
  • Social Trading and Community Engagement: Embedded social features allow investors to connect, share analysis, and gain insights from market experts and peers.
  • Comprehensive Asset Coverage: Offers trading in various instruments including stocks, warrants, options, and ETFs.

Significance in the Digital Brokerage Space

Futu Holdings is recognized for its dynamic approach to merging technology with finance. Its platforms are designed to cater to an increasingly digital-savvy clientele by simplifying the investing process and making sophisticated financial services accessible to a broader audience. This commitment to innovation is evidenced by a continuous rollout of enhanced features and services, which serve to maintain its competitive edge in a crowded market.

Industry-Specific Expertise and Analytical Depth

Deep industry knowledge is reflected in Futu’s strategic focus on user experience, data integration, and technological innovation. By blending advanced analytics with interactive community features, the company addresses the global demand for both efficiency and transparency in the investment process. This focus on empowering investors with the right tools and knowledge establishes Futu as not just a service provider, but as an essential partner in the evolving world of digital trading.

Conclusion

In summary, Futu Holdings Limited represents the confluence of technology and finance. Its fully digitalized platforms provide investors with unparalleled access to global markets, comprehensive analytics, and a vibrant community network. With a robust business model centered on trade execution and value-added services, Futu continues to redefine the investing experience while maintaining a firm commitment to transparency, reliability, and cutting-edge innovation.

Rhea-AI Summary

Futu Holdings, a tech-driven online brokerage and wealth management platform, announced a HKD440 million investment in Gravitation Fintech HK , the parent company of Airstar Bank.

This investment makes Futu the second largest beneficial owner with an indirect 44.11% stake in Airstar Bank.

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Futu Holdings announced its unaudited financial results for Q1 2024, showcasing a 3.7% year-over-year revenue increase to HK$2,592.5 million. The company's paying clients surged by 23.5% to 1.89 million. However, net income saw a decline of 13.1% to HK$1,035.1 million, and gross profit dropped by 3.9% to HK$2,122.2 million. Trading volume rose by 9.5% year-over-year to HK$1.3 trillion. Despite higher costs, Futu achieved a 6.0% increase in daily average client assets to HK$480 billion and a notable 72.8% year-over-year growth in wealth management assets to HK$64.0 billion. CEO Leaf Hua Li cited strong market performance and new market expansion as key growth drivers.

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Futu Holdings (Nasdaq: FUTU), a tech-driven online brokerage and wealth management platform, will announce its Q1 2024 financial results before U.S. markets open on May 28, 2024.

An earnings conference call will be held on the same day at 7:30 AM U.S. Eastern Time (7:30 PM Beijing/Hong Kong Time).

Participants must pre-register via a provided link to receive dial-in numbers and personal PINs.

A live and archived webcast of the call will be available on Futu's investor relations website.

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Futu Holdings announced that its moomoo app has reached one million downloads in Japan. Moomoo started offering U.S. stock trading in September 2023 and Japanese stock trading in Japan in March 2024. Futu's subsidiary, Moomoo Securities Japan Co., , holds the FIBO license in Japan and is a member of various financial associations.

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Futu Holdings has announced the filing of its Annual Report on Form 20-F for the fiscal year 2023. The report includes audited consolidated financial statements and can be accessed on the company's investor relations website. Shareholders and ADS holders can request a free copy of the report from the Investor Relations Department.
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Futu Holdings , a tech-driven online brokerage and wealth management platform, announced that the number of its clients in Malaysia has exceeded 100,000. The company launched its brokerage business in Malaysia on February 26, 2024, and received the Capital Markets Services License on January 24, 2024.
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Moomoo Technologies Inc. wins the 2024 'Best Stock Trading App' award from FinTech Breakthrough. With over 21 million users globally, moomoo offers pro-grade tools and data for informed investment decisions. The award highlights moomoo's innovative performance, user impact, and scalability.
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Futu Holdings Ltd. announces impressive Q4 2023 earnings with revenues of US$303.8 million, up 4.1% YoY, and non-GAAP adjusted net income of US$121.7 million. The Company's overseas digital brokerage brand, moomoo, sees significant growth with 21.64 million global users and 1.71 million paying clients. Futu expands into new markets, achieves profitability in Singapore, and introduces innovative product offerings in the US and Australia.
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Futu Holdings Limited announced its unaudited financial results for Q4 and full year 2023. The company saw a 15.0% increase in paying clients, totaling 1.7 million. Total client assets rose to HK$485.6 billion. However, total trading volume declined by 12.5% in Q4 2023. Financially, total revenues increased by 4.1% in Q4 and 31.4% for the full year 2023. Net income decreased by 8.6% in Q4 but increased by 46.2% for the full year.
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Futu Holdings Limited (FUTU) will announce its financial results for Q4 and full year 2023 on March 14, 2024. The earnings conference call will be held on the same day at 7:30 AM ET. Participants need to pre-register for the call to receive access details.
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FAQ

What is the current stock price of Futu Holdings (FUTU)?

The current stock price of Futu Holdings (FUTU) is $103.37 as of April 1, 2025.

What is the market cap of Futu Holdings (FUTU)?

The market cap of Futu Holdings (FUTU) is approximately 14.2B.

What core services does Futu Holdings provide?

Futu offers fully digitalized brokerage and wealth management services that include trade execution, margin financing, and securities lending through its proprietary platforms.

How does Futu generate its revenue?

The company primarily earns revenue through brokerage commissions and handling charges associated with executed trades and financing solutions.

What distinguishes Futu’s digital platforms from traditional brokers?

Futu’s platforms integrate advanced analytical tools, real-time market data, and social media features, creating an engaging, community-driven investing experience.

Which markets are accessible through Futu’s platforms?

Futu provides access to major global equity markets, including those in Hong Kong, Mainland China, Singapore, and the United States, among others.

What technological innovations does Futu employ?

Futu leverages cutting-edge technology to offer integrated mobile, desktop, and tablet trading solutions with advanced charting, technical analytics, and data-rich research tools.

How does Futu incorporate social trading into its offerings?

The platforms embed social media tools that foster interaction among investors, analysts, and market influencers, enabling a transparent and collaborative trading experience.

What type of investors can benefit from Futu’s services?

Futu caters to a broad range of investors, from beginners looking for an accessible entry into trading to experienced professionals seeking advanced analytical tools and global market access.

How does Futu ensure a seamless user experience?

Through its proprietary digital platforms, Futu provides an intuitive interface, real-time updates, and robust security measures that enhance the overall trading and investing journey.
Futu Holdings Limited

Nasdaq:FUTU

FUTU Rankings

FUTU Stock Data

14.22B
122.82M
16.16%
38.77%
2.76%
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